Bessent doesn’t seem to disagree with Trump, and even criticized the Fed himself in September after its jumbo rate cut. “If ...
Inflation—the Fed’s primary bugbear for most of the past four years—has come a long way. The year-over-year increase in the ...
President-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov. 5 election victory ...
Depending on whom you ask, the Federal Reserve has done an admirable job of wrestling inflation back under control, or ...
Traders see 45% odds of a Fed pause in December, up from 17% last week as markets digest a win for Trump and cautious remarks ...
Federal Reserve Governor Michelle Bowman said she wants to move cautiously on further interest-rate cuts because progress in ...
Federal Reserve Governor Lisa Cook said the timing of further interest-rate cuts will depend on coming data, leaving the ...
CD rates typically follow the direction of the federal funds rate. Though unlike the last time the fed funds rate was 4.50%-4 ...
Only in the crazy, confused world of Washington politics could the Democrats be pointing their fingers of blame at anyone but ...
In response to the Biden administration loosening key immigration restrictions, New York City Mayor Eric Adams sounded off on ...